Introduction to Managing Your Personal Finance Debts

Learn more about how to reduce your personal financial debts, with this free online personal finance course.

Learn how to manage and prioritise your pWhen a serious financial problems arises in life, many people resort to getting a loan. These loans can result in debt piling up over time, and eventually becoming unmanageable. This is an extremely stressful problem, but also one that can be prevented and helped by some sound financial planning. In a clear and simple manner, this course is designed to teach you some great tips for alleviating and managing your personal finance debts.ersonal finance debts.

Duration

Assessment

Certification

Publisher

Description

Modules

Outcome

Certification

Description

This course will help you get started on the road to reducing your debts and finally becoming debt free. It will first give you a clear view of exactly how much money you owe and to whom you owe it to by teaching you how to set up a debt spreadsheet. It will then discuss how you can contact credit card companies to request for a break down on your interest rates.

Having been able to identify your debtors and how much you owe them will make it easier for you to identify which debt to prioritize and pay off first, as well as what strategy you should use to clear your debts. Next, you will learn how to choose which debt to pay based on minimum monthly payments or the highest interest rates charged. You will also cover how to implement an emergency debt elimination plan if the need arises.

Acquiring a large amount of personal financial debt can be a source of great anxiety and worry for many people. This course is designed to give you clear guidance on how to reduce your personal financial debts and eventually become debt free. This can provide some much needed peace of mind, which can be truly invaluable. So why wait? Check out the course today, and start learning something that can really make a difference to your everyday life.

Learning Outcomes

Learning outcomes: - Have a clear understanding of exactly how much money you owe and to whom; - How to contact credit card companies to request a break on interest rates; - How to prioritise which debt to pay off first; - What strategy you should use to pay off debts based on minimum monthly payments or highest interest rates charged.

Certification

All Alison courses are free to enrol, study and complete. To successfully complete this Certificate course and become an Alison Graduate, you need to achieve 80% or higher in each course assessment. Once you have completed this Certificate course, you have the option to acquire an official Certificate, which is a great way to share your achievement with the world. Your Alison Certificate is:

Ideal for sharing with potential employers - include it in your CV, professional social media profiles and job applications
An indication of your commitment to continuously learn, upskill and achieve high results
An incentive for you to continue empowering yourself through lifelong learning

Digital Certificate - a downloadable Certificate in PDF format, immediately available to you when you complete your purchaseCertificate - a physical version of your officially branded and security-marked Certificate, posted to you with FREE shippingFramed Certificate - a physical version of your officially branded and security-marked Certificate in a stylish frame, posted to you with FREE shipping

All Certificates are available to purchase through the Alison Shop. For more information on purchasing Alison Certificates, please visit our FAQs. If you decide not to purchase your Alison Certificate, you can still demonstrate your achievement by sharing your Learner Record or Learner Achievement Verification, both of which are accessible from your Dashboard. For more details on our Certificate pricing, please visit our Pricing Page.